Date Open: The date and time when a position was opened. Date Close: The date and time when a position was closed. Symbol: Refers to the contract/symbol traded. Side: Refers to the direction of a position. Leverage: Refers to the leverage used. Total P&L: Represents ...Read more
Users can view two different prices when trading on Flipster: Mid Price: This is the reference point used to trigger orders in Flipster, including Take-Profit and Stop-Loss orders. Mark Price: This is an estimated true value of a contract and is ...Read more
The default price shown on the Flipster trading chart is the Mid Price. However, liquidation is triggered by the Mark Price. Once the Mark Price reaches the liquidation price of a position, the position will be liquidated. This means ...Read more
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To avoid confusion, ensure you are looking at the correct trading chart. You can switch between the Mid Price and Mark Price charts via the web browser or mobile app. Example:Position: BUY Stop-loss: 60,200 USDT Liquidation Price: 60,000 USDTIf the Mark Price ...Read more
Understanding the differences between Margin and Position Size is crucial for shaping trading strategies and outcomes. Methods to place orders on Flipster:Margin:Pros: Precise control over the margin allocated for each trade. Cons: Quantity of contracts fluctuates based on the opening price.Position Size:Pros: ...Read more
Steps to place Market Orders using Margin:Click on [Market]. Choose the Leverage. Select [Margin]. Input the margin balance under [Margin]. Execute the order by clicking either on Long or Short (depending on your trading direction).Example:Market Price: Instantly buy or sell at the best ...Read more
Steps to place Market Orders using Position Size:Click on [Market]. Choose the Leverage. Select [Position Size]. Input the contract quantity under [Position Size]. Execute the order by clicking either on Long or Short (depending on your trading direction).Note: Price of the symbol ...Read more
Steps to place Trigger Orders using Margin:Click on [Trigger]. Indicate the Trigger Price. Choose the Leverage. Select [Margin]. Input the margin balance under [Margin]. Execute the order by clicking either on Long or Short (depending on your trading direction).Example:Trigger Price: Set a specific price ...Read more